About the GIC
Explorer Hop's Global Investment Competition (GIC) is a virtual investment opportunity for youth ages 11-17. The competition is open to 500 participants from anywhere in the world. All experience levels are welcome as competitors learn how to trade stocks and build their own portfolio. And for those who are looking to compete, there are more than $100 in prizes to be won! The portfolio with the highest amount at the end of the competition is the first place winner. All participants will however receive a certificate at the end of the competition to acknowledge their learning achievement.
The next competition runs from September 26th-November 4th. Therefore the portfolio with the highest amount on November 4th, 2022 at 4:30 PM EST will be the winner of the first place prize. Second and third place, as well as the top earner in each age category, will subsequently win smaller prizes.
If you feel that you're on the lesser experienced side and want to prepare first, you have time before the next competition. If you would like to learn how to manage your money and invest we suggest enrolling for the following instructor-led online classes: Camp Millionaire Level 1, Personal Finance. If you are looking for self-learning options, check out Learn to Trade and Mutual Funds.
Young Investor Sophie Burwell on Her Experience
The Explorer Hop team interviewed Global Investment Challenge participants on their experiences, to help prepare future students, and offer them insight into what it's like to compete.
Sophie is an incredible young investor. She started investing in Camp Millionaire Level 1 and has been growing leaps and bounds. In just 7 weeks she has made more than 40% gains! We used to joke that one day Sophie will have her own Sushi Restaurant - at this rate, she will be able to buy one before she even graduates from high school!
EH: How did you hear about the Investment Competition?
Sophie: I took some courses with Explorer Hop last year and my brother is part of the investors club so I heard about it from there.
EH: Tell us about yourself!
Sophie: I really like music and I play guitar and sing. I also play soccer and ski!
EH: How much investing experience do you have?
Sophie: I did levels 1-4 of camp millionaire so I have some practice with trading.
EH: What are you hoping to learn from participating in the competition?
Sophie: Since I turn 15 this summer, I will be able to trade with real money and I want to feel confident enough trading before then. I also really want to beat my brother in the competition.
EH: What would you say to inspire other kids to learn about investing?
Sophie: I would tell kids that understanding money and being able to invest is a really important skill to have. Being able to invest is great if you want to have enough money to pay for university, for a car, etc. So I think it's a good idea to start investing young.